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Financial
Distress signals
Property profile

2845 Capital Ave SW Battle Creek, MI 49015

FOR LEASE
Office buildings
Property ID
US43-2175539
38,577 SF 4.87 ac lot Built 1992
Last sale May 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,994-square-foot medical office suite within the Health Park South Medical Office Building in Battle Creek, Michigan, located just off I-94. The suite includes a waiting and reception area, six exam rooms, and four private offices. It also features a breakroom kitchenette and a boardroom to support both patient-facing and administrative functions. An adjacent 700-square-foot space can be combined with the suite if additional area is needed. The building provides on-site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$1.75M

Value estimate

· Oct 2026
$3.95M
$3.55M – $4.34M
Submarket $/SF estimate$3.94M
NOI build-up
Gross scheduled income$611k
Vacancy & credit loss−$84k
Operating expenses−$132k
NOI · 2,821,607.14% cap applied$395k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$34 – $106

Cap rate analysis

How does the asset earn?
2,821,607.14%
$395k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
T3
MILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B...
General categoryCOMMERCIAL
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Building Supply19.9
Auto Parts Store14.3

Location

2845 Capital Ave SW Battle Creek, MI 49015
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3566 Capital SW, Battle Creek, MI 49015-7387 $1,500,000 Nov 2022 6,696 SF
693 Capital SW, Battle Creek, MI 49015-5024 $1,015,000 Oct 2022 12,800 SF
7 Heritage Oak, Battle Creek, MI 49015-4283 $525,000 Jun 2022 12,656 SF
71 20th S, Battle Creek, MI 49015-2950 $425,000 May 2022 6,912 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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